Description
This is an excellent investment opportunity featuring two prime lots in Long Beach. The first property, located at 457 Long Beach Blvd, is a commercial lot spanning 8, 850 square feet with 4, 550 square feet of interior space. It currently houses a successful automotive business that is operating under a lease, generating steady rental income. The second property, at 163 E. Chester, is a 6, 000-square-foot commercial and possible residential lot that is currently vacant, offering a great opportunity for development. Both properties present significant upside potential. The commercial lot already produces income with its established business, offering a low-risk investment, while the empty lot provides immense flexibility for new development. These properties are situated in a growing area with great exposure and accessibility, making them attractive for long-term appreciation and future income generation. Investors can take advantage of the existing revenue stream while also planning for new developments to further maximize the potential of these properties.